Cash / Commercial Paper Trader
HybridMilwaukee, Wisconsin, United States
Job Summary
Manage and trade NM's cash portfolios daily, ensuring liquidity, accurate execution, and effective coordination across the trading cycle. Invest and manage cash mandates including yield optimization, allocation, and settlement resolution while negotiating repo rates with approved counterparties. Execute Treasury security and futures trades as directed, monitoring compliance with daily mark-to-market limits and counterparty constraints. This role supports the Public Investment department's $130 billion AUM by collaborating closely with the Cash Portfolio Manager, Middle Office, and Treasury teams to optimize income within prudent risk parameters.
Required Qualifications
- Bachelor's Degree in Finance, Economics or related field
- Experience with commercial paper and repo markets
- Money market funds
- Strong understanding of yield curves and Federal Reserve policy
- Ability to meet the time requirements of the role, which generally entails the working hours of 6am-4pm CT
- Ability to work independently and calmly in a deadline-driven daily cycle
- Strong collaboration skills across teams and ability to build strong working relationships with internal and external business partners
- Exceptional attention to detail
- Reliability
- Strong oral and written communication skills
- Desire and ability to improve processes while leveraging technology and data
- Accountability: Holds self and their direct reports accountable for measurable, high-quality, timely, and cost-effective results, delivery, and execution. Determines objectives, sets priorities, delegates work to direct reports, and accepts responsibility for mistakes
- Attention to Detail: Focuses on specific details to spot and correct errors in advance of them being found and surpass quality expectations. Performs work with thorough proofreading for presentation, content, accuracy, and overall quality
- Cross Functional Partnering & Planning: Facilitates collaboration, communication, coordination, and planning with individuals and teams from different functions within the organization, and who have different areas of expertise, to achieve common goals
- Financial Market Monitoring: Consistently tracks and analyzes financial market data and news, evaluates trends and events that may impact investment portfolios or financial decisions, and makes informed decisions based on this information. Stays up to date on economic indicators, market news, and global events, and understands how they relate to investment opportunities and risks
- Storytelling through Data: Communicates insights and opportunities from a dataset, using narratives, visualizations, and analysis
Desired Qualifications
- Experience with Bloomberg, Excel, or similar systems
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